Hapag-Lloyd acquires SM SAAM’s terminal and logistics business for $1 Bn
Shipping major Hapag-Lloyd has splashed $1 billion to acquire SM SAAM’s units, SAAM Ports and SAAM Logistics, and thereby the entire company’s terminal business and associated logistics services. The consideration also includes real estate assets...Read more
Bolloré Logistics and Hapag-Lloyd commit on sustainable maritime transport
Bolloré Logistics and Hapag-Lloyd have signed an agreement promoting the use of marine biofuel and thus contributing to the reduction of their greenhouse gas emissions related to maritime transport.Read more
DHL Global Forwarding partners with Hapag-Lloyd on heavy transport decarbonisation
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd for the use of advanced biofuels. As an initial step, Hapag-Lloyd will ship 18,000 TEU...Read more
High freight rates lift Hapag-Lloyd’s H1 profit
Germany’s largest shipping company Hapag-Lloyd reported a jump in its net profit for the first six months of the year on the back of rocketing freight rates. The company posted a net profit of €2.7...Read more
Hapag-Lloyd wraps up NileDutch purchase
Hapag-Lloyd has closed the acquisition of the Dutch container shipping company Nile Dutch Investments (NileDutch).Read more